Welcome to our dedicated page for Neurocrine Biosciences news (Ticker: NBIX), a resource for investors and traders seeking the latest updates and insights on Neurocrine Biosciences stock.
Neurocrine Biosciences Inc (NBIX) is a leading neuroscience-focused biopharmaceutical company developing innovative therapies for complex neurological, endocrine, and neuropsychiatric disorders. This comprehensive news hub provides investors and healthcare professionals with timely updates on clinical developments, regulatory milestones, and strategic initiatives driving the company's mission to address unmet medical needs.
Stay informed with verified updates spanning FDA decisions, clinical trial results, research collaborations, and market expansion efforts. Our curated news collection covers essential developments including movement disorder therapies like Ingrezza® for tardive dyskinesia, endocrine disorder treatments, and emerging pipeline candidates in neuropsychiatry.
Key focus areas include updates on late-stage clinical programs, partnership announcements with academic institutions, and analyses of therapeutic innovations targeting conditions from Huntington's disease chorea to congenital adrenal hyperplasia. All content is rigorously sourced to ensure accuracy and relevance for both professional investors and medical stakeholders.
Bookmark this page for centralized access to Neurocrine Biosciences' latest scientific advancements, financial disclosures, and treatment development progress. Check regularly for objective reporting on one of biopharma's most innovative neuroscience-focused enterprises.
On March 2, 2021, Neurocrine Biosciences (Nasdaq: NBIX) announced that its investigational drug, luvadaxistat (NBI-1065844), failed to meet the primary endpoint in the Phase II INTERACT study for treating negative symptoms of schizophrenia. Despite this, the drug showed promise in secondary endpoints related to cognitive assessment. The adverse events reported were consistent with prior studies. Neurocrine plans to collaborate with Takeda to explore further development paths following these results.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the Cowen 41st Annual Health Care Conference on March 2, 2021, at 1:30 p.m. Eastern Time. CEO Kevin Gorman is set to deliver the presentation. A live webcast will be available on Neurocrine's website, with a replay accessible one hour after the event and archived for approximately one month. Neurocrine focuses on developing treatments for neurological and psychiatric disorders, with an array of FDA-approved therapies for conditions like tardive dyskinesia and Parkinson's disease.
Neurocrine Biosciences (NBIX) reported Q4 2020 revenues of $247.9 million, up from $244.1 million in Q4 2019. Full-year revenues reached $1.05 billion, a significant increase from $788.1 million in 2019. GAAP net income saw substantial growth, hitting $348 million or $3.58 per diluted share, largely due to a one-time tax benefit of $296 million. The company plans to invest $800-$850 million in combined R&D and SG&A for 2021, initiating eight mid-to-late-stage clinical studies. Notably, INGREZZA sales were $240 million for Q4 2020, reflecting a 1% increase compared to the previous year.
Neurocrine Biosciences (Nasdaq: NBIX) will report its fourth quarter and year-end 2020 financial results on February 4, 2021, after market close. A conference call and webcast will follow at 1:30 p.m. PT to discuss these results and provide a company update. Interested participants can join the call using the provided access numbers or through the company’s website. Neurocrine focuses on developing treatments for neurological and psychiatric disorders, boasting a portfolio that includes FDA-approved therapies.
Neurocrine Biosciences (Nasdaq: NBIX) reported preliminary net product sales for INGREZZA of approximately $240 million in Q4 2020 and $993 million for the full year. The company noted a 32% growth in total INGREZZA prescriptions in 2020, reaching 175,700 versus 132,700 in 2019. Key 2021 milestones include Phase III data for valbenazine in Huntington's disease expected in Q4 2021 and the initiation of several clinical studies. CEO Kevin Gorman highlighted the commitment to improving treatment accessibility for tardive dyskinesia patients.
Neurocrine Biosciences (Nasdaq: NBIX) will present at the 39th Annual J.P. Morgan Healthcare Conference on January 11, 2021, at 2:00 p.m. Eastern Time. CEO Kevin Gorman will lead the presentation, which will be available via live webcast on the company's website. A replay will be accessible one hour post-event and archived for a month. Neurocrine focuses on developing treatments for neurological, endocrine, and psychiatric disorders, with FDA-approved therapies for conditions like tardive dyskinesia and Parkinson's disease. For more information, visit neurocrine.com.
Neurocrine Biosciences (Nasdaq: NBIX) announced upcoming presentations at two investor conferences. Matt Abernethy, CFO, and Eiry Roberts, CMO, will present at the Piper Sandler 32nd Annual Virtual Healthcare Conference on November 23, 2020, at 10:00 a.m. ET. Additionally, CEO Kevin Gorman and CFO Abernethy will present at the Evercore ISI 3rd Annual HealthCONx Conference on December 1, 2020, at 1:50 p.m. ET. Live webcasts will be available on their website, with replays accessible for one month.
Neurocrine Biosciences (Nasdaq: NBIX) has initiated a repurchase of approximately $83 million of its 2.25% Convertible Senior Notes due 2024. The aggregate repurchase price is estimated at $110 million based on the closing stock price of $86.91 on November 18, 2020. The transaction is expected to close on December 2, 2020. This strategic buyback aims to potentially enhance shareholder value, but may also impact the market price of the company's common stock.
Neurocrine Biosciences (NBIX) reported Q3 2020 revenues of $258.5 million, a 16.4% increase from $222.1 million in Q3 2019, driven by a 28% rise in INGREZZA sales to $254 million. However, the company faced a GAAP net loss of $57.6 million compared to a profit of $53.8 million in the previous year, largely due to increased R&D expenses. The guidance for combined GAAP R&D and SG&A expenses was raised to between $880 million and $900 million. Despite the challenges, the company expressed confidence in its growth prospects, particularly for INGREZZA and the newly launched ONGENTYS.
Neurocrine Biosciences (Nasdaq: NBIX) announced upcoming presentations at investor conferences. Kevin Gorman, CEO, and Kyle Gano, Chief Business Development and Strategy Officer, will present at the Stifel 2020 Virtual Healthcare Conference on November 16, 2020, at 11:20 a.m. ET. On November 17, 2020, at 9:40 a.m. ET, Gorman and CFO Matt Abernethy will present at the Jefferies Virtual London Healthcare Conference. Both presentations will be available via webcast on Neurocrine's website, with replays accessible for one month.
Neurocrine focuses on developing treatments for neurological and endocrine disorders.
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